$1,550,000
MLS: TR26057035
Beds
7
Baths
4
Sq Ft
2,237
Lot
0.12 ac
Year Built
1947
MLS #
TR26057035
Days on Market
194
Listed
Mar 16, 2026
Description
Rare dual-living opportunity in the heart of Monterey Park featuring two detached residences on one lot—perfect for savvy investors or multi-generational families. The spacious front home offers a comfortable 4-bedroom, 2-bathroom layout filled with natural light, while the back house is a stunning, brand-new 3-bedroom, 2-bathroom ADU featuring modern designer finishes and an open-concept floor plan. Situated minutes from Atlantic Times Square, top-rated schools, parks and easy freeway access to DTLA, this turnkey property allows you to live in one and rent the other for maximum cash flow or lease both in a high-demand rental market.
Location
Monterey Park, Los Angeles County, CA 91755
Open on Google Maps ↗Listed by: Chuqi Liu · RE/MAX Galaxy
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$11,805
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $155,000 · Loan: $1,395,000
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,309
- Property tax (1.25%)
- $1,615
- Homeowners insurance
- $300
- Mortgage insurance
- $581
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Monterey Park home with as little as 3.5% down using an FHA loan — roughly $54,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Monterey Park, CA 91755 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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